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Hatshy [7]
3 years ago
10

What is the formula for finding compound interest

Mathematics
2 answers:
tigry1 [53]3 years ago
8 0
A=P(1+r/n)^nt is the formula for finding compound interest
Elza [17]3 years ago
7 0
A =  P_{0}(1 +  \frac{r}{n})^{n * t}

where
A = is the final amount
P_{0} is the initial principal
r is the rate as a decimal
n is the number of times compounded in a year
t is the time in years
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Step 1

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